Coinglass: Bitcoin Faces $1.734B in Short Liquidations at $115K and $1.183B in Longs if BTC Falls Below $111K

On August 22, COINOTAG cited Coinglass data indicating that if Bitcoin climbs above $115,000, the cumulative short liquidation intensity across mainstream CEXs would reach approximately $1.734 billion; conversely, a fall below $111,000 would see cumulative long liquidation intensity near $1.183 billion. These figures reflect aggregated liquidation intensity metrics used by professional traders and risk desks to assess concentration of leveraged positions.

The Coinglass liquidation chart represents the relative significance of liquidation clusters rather than exact contract counts or notional values; each bar denotes comparative intensity versus neighboring levels. A higher liquidation bar implies that reaching that price band could trigger a stronger market response due to a liquidity cascade, increasing short-term price sensitivity without specifying precise contract volumes.